Six things to know:
- Average breach costs in healthcare increased by nearly $1 million since the 2021 report.
- Healthcare organizations had the costliest breaches amongst industries for the 12th year in a row.
- Ransomware and destructive attacks represented 28 percent of breaches among critical infrastructure organizations.
- The HHS Office of Civil Rights’ database shows that healthcare organizations have reported nearly twice as many breaches from January to mid-July as during the same period in 2021, according to Politico.
- Organizations with security platforms that use artificial intelligence saw 55 percent lower breach costs than those without.
- Organizations with an active incident response team also spent less on the follow-up to a breach.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.